Rented Student PBSA room - OIRO £35,000

- £5,750 rent pa at £125 a week for 46 weeks
- £2,856 service charge which includes management of the room
- £250 ground rent PA
- 16.4% gross yield
- 7.5% net yield
- Income generating from day one
- Cash only
- Room is an en suite and then 14 rooms share a huge kitchen/communal area

The Bridewell has a story to tell like no other student accommodation complex in Liverpool. The building is a former Victorian prison, left unused since 1997 when it was occupied by Merseyside Police. Recognised as Liverpool’s major lock-up for over 130 years, this unconventional venue has become one of Liverpool’s most popular student accommodation developments.

Featuring stunning original brickwork, characteristic windows and typically prison-worthy doorways, The Bridewell successfully retains Grade II listed status. History awaits you around every corner, with the atrium previously being used as an exercise yard for prisoners now housing the stylish student lounge.

Whether it’s tales of inmates trying to escape or the ghostly stories of the fates of prisoners, the development’s 100% occupancy rate since opening its doors in 2015 is a testament to its charm and appeal

Tenure: Leasehold
Ground Rent: £250 per year
Service Charge: £2,856 per year